Hi, Everyone! I’m Emily from My Love for Words, and I’m so excited to be here with you all today.
My family is at the very beginning of our homeschooling journey so I’ve spent the last year and a half doing a lot of reading and researching, and I felt like I hit the jackpot when I found Frugal Homeschool Family. It has been a wonderful source of both information and inspiration so to be chosen as a new contributor is a huge honor. Thank you, Heather!
A couple months ago, I’d finally had enough. I was overwhelmed by unfinished chores and had kiddos who seemed to think that money grows on trees. (Unfortunately, not so much, kids.)
I made this chore chart in hopes of getting some help around the house and teaching my kids that they can earn great rewards with hard work. Thankfully, it worked like a charm. The kids were really excited about being able to control how much money they earned, and I was happy to hand them chore cards. Less work for me!
However, as time went on, the excitement around our new system wore off a bit, and I think I know why. Even though I had the greatest intentions when I made up our new system, I didn’t totally take into account what would work well for our lives.
The kids always want to be paid immediately after doing their commissioned work, but I (despite my best intentions) haven’t gathered a bag of money to pay them on the spot. I also wanted to teach them to divide their money into three categories (save, spend, and donate), which can become time consuming when dealing with actual money. In theory it was a great plan, but counting pennies to get the correct percentage for each category while dinner’s burning, the baby needs changing, and our toddler’s crying ended up being more of a pain than I’d anticipated.
Instead, I decided to make a balance sheet so everything can be done on paper. This way we’re able to learn a life skill (balancing a checkbook) while easily keeping track of what’s being earned or spent, and we can see how it’s all being divided.
I currently have this taped on the inside of one of our kitchen cabinet doors, and it’s working out much better than actual money. When a chore is completed, the kids are able to fill out their balance sheets while I continue on my (seemingly endless) to do list. I’m guessing just about every adult reading this can relate.
You’re welcome to download your own copy here, and I’d love to hear about how chores and money are handled in your families. Do you have a set allowance, a commission system, or no allowance at all? Most importantly, have you found an elusive money tree yet?
I’m looking forward to being back soon with more to share, but until then you’re welcome to stop by My Love for Words for a visit. We love company. You can also find me on facebook, pinterest, and instagram. Until next time!